Quick take: AirAsia X falls 8% after UK lawsuit

TheStar Mon, Nov 23, 2020 09:08am - 3 years View Original


KUALA LUMPUR: Shares in AirAsia X Bhd (AAX) fell in early trade Monday following an order to pay RM133mil in the UK.

The carrier fell 8.33%, or 0.5 sen to 5.5 sen with 7.2 million. In the past one year, the counter has fallen 61.29%.

AAX has lost the RM95.33mil or US$22.98mil suit brought against it in the UK by BOC Aviation

Ltd (BOCA), over an alleged breach of contract involving aircraft leasing.

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